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Business

CBN Releases $265 Million To Airlines Amid Flight Suspension Threats

Wires Editor | The Trent -
In a move to check the crisis in the country’s aviation sector, the Central Bank of Nigeria, CBN, on Friday, August 26, 2022, released...
Business

British Airways Stops Receiving Paymeny In Naira, Mulls Flight Suspension

Daily Trust -
As the issue of trapped $464 million foreign airlines’ funds lingers, British Airways may stop flying to Nigeria as from December 1, 2022. The United...
Business

CBN Says Transactions On The e-Naira Has Hit N4 Billion

Wires Editor | The Trent -
Transactions on the Central Bank of Nigeria, CBN, digital currency, the e-Naira, platform has hit N4 billion, since its launch last October. Godwin Emefiele, the...
Business

BREAKING: Emirates Suspends All Flights To Nigeria Over $85 Million Trapped Revenue

Ubokobong Uko | Senior News Editor -
Emirates will suspend all flights to and from Nigeria from September 1, 2022, following difficulties in repatriating funds from ticket sales. Despite efforts to initiate dialogue with...
Business

BREAKING: Blackout In Nigeria As Electricity Workers Begin Strike

Ubokobong Uko | Senior News Editor -
Power outage have been reported across Nigeria on Wednesday as electricity workers under the auspices of the National Union of Electricity Employees, NUEE, commenced...
Business

IPMAN Dismisses Threat Of Strike In Southeast

News Agency of Nigeria -
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has told Nigerians to disregard the threat by some marketers in the South-East zone of shutting...
Business

Nigeria Ranked As Country Most Curious About Cryptocurrency Globally

ThisDay -
Nigeria has emerged as the most crypto-obsessed nation in the world based on the increasing number of Nigerians searching the Internet for crypto-related trading,...
Business

WhatsApp Announces New Privacy Features [LOOK]

Wires | The Trent -
Meta has announced new privacy features for WhatsApp users. Users will be able to leave group chats silently, control who can see their online status...
Business

Emirates Airline Cuts Flights To Nigeria Over $85 Million Trapped Revenue

Wires Editor | The Trent -
The Middle East mega carrier, Emirates Airlines has announced that it would reduce its flights to Nigeria from August 15 2022 due to its...
Business

Cost Of Calls, Data To Skyrocket As Gov’t Announces 12.5% Tax

Wires Editor | The Trent -
As the Federal Government prepares to apply a 5% inclusive excise duty on telecommunications services in Nigeria, Nigerians will soon begin paying 12.5% tax...
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